Commercial

  • April 08, 2025

    Rhodium Gets OK For $185M Settlement With Landlord

    A Texas bankruptcy judge on Tuesday approved a $185 million asset sale to settle a dispute between Rhodium Encore and its remaining landlord that will allow the bankrupt cryptocurrency miner to wipe out its debt with enough left over to pay shareholders.

  • April 07, 2025

    VA Plans Office Expansions Amid Federal Leasing Pullback

    The U.S. General Services Administration notified Congress of its plans to relocate, expand or consolidate existing U.S. Department of Veterans Affairs medical facility leases to the tune of an extra $205 million annually, even as the federal government sheds leases to cut costs.

  • April 07, 2025

    DOJ Says Partnerships Can't Wipe Out $4M Tax Lien

    Two partnerships cannot use a mortgage sale to foreclose on properties and wipe out the government's $4 million tax lien on a couple's real estate, the U.S. told a Washington federal court.

  • April 07, 2025

    Honigman Hires Ex-Ice Miller Real Estate Atty In Chicago

    Honigman LLP added former Ice Miller LLP partner Michael R. Tirman as a real estate transactions partner in its Chicago office, the firm announced Monday.

  • April 07, 2025

    Ex-TBS GC Chairs CoStar Board In Latham-Advised Refresh

    Latham & Watkins LLP advised CoStar Group on a "refreshment" of the company's board of directors that includes a new role for a former Turner Broadcasting Systems general counsel, according to a Monday announcement that follows pressure from hedge funds D.E. Shaw and Third Point.

  • April 07, 2025

    Denver Builder Says Ex-Employee Stole Info For Competitor

    A full-service general building contractor has accused a former employee and an industry rival in Colorado state court of using stolen confidential business information to make a competitive bid for a 2025 "large scale" Colorado project that's anticipated to create more than $20 million in revenue.

  • April 07, 2025

    In New York, Law Firms Are Staying Put

    Many law firms are opting to stay in their current offices in New York City. Here, Law360 Pulse looks at what is driving their decisions.

  • April 07, 2025

    NYC Real Estate Week In Review

    Proskauer and Mermel Associates are among the law firms that scored work on the largest New York City real estate deals that hit public records last week, with a large Extell Development buy leading the way.

  • April 07, 2025

    Goldberg Segalla Adds Hospitality, Retail Atty In Palm Beach

    Litigation firm Goldberg Segalla LLP said it has added retail and hospitality attorney Jason R. Hepperly to its office in West Palm Beach, Florida.

  • April 07, 2025

    Montana To Appraise Taxable Real Property Every 2 Years

    Montana will reappraise most taxable real property every two years under a bill signed by the governor.

  • April 07, 2025

    CBRE Chief Legal Exec Raked In $3.4M As GC Last Year

    CBRE's newly crowned chief legal and administrative officer Chad Doellinger was paid $3.39 million in 2024, a year in which the executive served as the commercial real estate services firm's general counsel, per a securities filing.

  • April 07, 2025

    Supreme Court Declines Review Of NY Concealed Carry Law

    The U.S. Supreme Court said Monday that it won't review a New York state law requiring "good moral character" as a prerequisite to obtaining a gun permit, passing on an opportunity to resolve what firearm rights advocates called a circuit split on how the high court's decision in Bruen is interpreted.

  • April 04, 2025

    Hilco To Fight $177M GSA Deal Cancellation

    Hilco Development Services said it will fight the General Services Administration's decision to cancel its $177 million sale of a decommissioned federal government building in California to the construction company.

  • April 04, 2025

    Liberty Mutual Must Cover Trafficking Suits, Red Roof Says

    Red Roof Inn is entitled to a defense from Liberty Mutual for 11 underlying suits involving alleged human trafficking at various hotel locations, the company told an Ohio federal court Friday, saying the insurer has reneged on its agreement to provide coverage.

  • April 04, 2025

    Fla. House Bill Would Cut General Sales Tax Rate, Other Rates

    Florida would reduce the state's general sales tax rate and other sales tax rates, including the rates imposed on commercial rent, electricity and sales of new mobile homes, by three-quarters of a percentage point under a bill introduced in the state House of Representatives.

  • April 04, 2025

    Ogletree To Move To Smaller Atlanta Office Next Year

    Ogletree Deakins Nash Smoak & Stewart PC is planning to move to a smaller and more modern office in Atlanta early next year, occupying a floor in the Bank of America Plaza building and leaving its longtime location in two floors at 191 Peachtree Tower, the firm's chief administrative officer told Law360 Pulse on Friday.

  • April 04, 2025

    NY Youth Welfare Org Snags $9M Real Estate Bid In Ch. 11

    Bankrupt youth mental health provider St. Christopher's Inc. is asking a New York bankruptcy court to approve the private sale of a 22.1 acre property for $9 million.

  • April 04, 2025

    Blank Rome Expands Dallas Bench With Solo Real Estate Atty

    Blank Rome LLP has added an attorney in Dallas from a solo practice, further expanding the firm's national real estate group.

  • April 04, 2025

    Foster Garvey Hires Ex-Karr Tuttle Real Estate Atty

    Foster Garvey PC has brought on a former Karr Tuttle Campbell shareholder as a principal for its real estate, land use and environmental team in Seattle, the firm announced.

  • April 04, 2025

    Office Snapshot: Zuckerman Spaeder Finds New Home In DC

    Nearly 50 years after opening its doors in the nation's capital, the Washington, D.C., litigation boutique Zuckerman Spaeder LLP has relocated its longtime office on M Street to a new, more modern building nearby.

  • April 04, 2025

    Multiple Attorneys Have Moved Into New Stinson LA Space

    Multiple lawyers have moved into a new Stinson space in Los Angeles, former Dykema real estate attorneys who've just joined Stinson told Law360 Real Estate Authority.

  • April 03, 2025

    Ex-Judge, Profs Ask Justices To Weigh 9th Circ. Ch. 7 Ruling

    A former bankruptcy judge and five law professors have asked the U.S. Supreme Court to review a Ninth Circuit opinion protecting the state of Montana from a real estate mogul and Montana ski resort founder's bid for damages over an involuntary Chapter 7 the state initiated.

  • April 03, 2025

    Laos Can't Get $5M Award Enforced Against Businessman

    A federal judge on Thursday shut down the government of Laos' bid to enforce some $5 million in arbitral awards against an entrepreneur who was not party to an underlying arbitration stemming from an ill-fated casino venture, saying the actual award debtors are the ones that should be targeted.

  • April 03, 2025

    Fulton Bank Keeps $7.7M Win In Pa. Development Loan Fight

    The Pennsylvania Superior Court has affirmed a $7.7 million judgment in favor of Fulton Bank in legal battle with developers over construction loans used to build a manufactured home community, reasoning the companies' arguments that they were entitled to a jury trial didn't move the needle in their favor.

  • April 03, 2025

    Real Estate Lawyers On The Move

    Blank Rome, Greenberg Traurig and Troutman are among the law firms that have made recent real estate hires.

Expert Analysis

  • Criminal Enforcement Considerations For Gov't Contractors

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    Government contractors increasingly exposed to criminal liability risks should establish programs that enable detection and remediation of employee misconduct, consider voluntary disclosure, and be aware of the potentially disastrous consequences of failing to make a mandatory disclosure where the government concludes it was required, say attorneys at Crowell & Moring.

  • The Often Overlooked NY Foreclosure Notice Requirements

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    As multifamily real estate defaults mount, New York foreclosing parties should be aware of pitfalls and perils that can await the litigant who is not prepared to ensure adherence with tenant notice requirements under the Real Property Actions and Proceedings Law, say Christopher Gorman and John Muldoon at Rosenberg & Estis.

  • A Case Study For Calif. Cities In Water Utility Takeovers

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    With growing water scarcity and drier weather looming, some local governments in California have sought to acquire investor-owned water utilities by eminent domain — but the 2016 case of Claremont v. Golden State Water is a reminder that such municipalization attempts must meet certain statutory requirements, say attorneys at Nossaman.

  • Lower Courts May Finally Be Getting The Memo After Ciminelli

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    A year after the U.S. Supreme Court again limited prosecutors' overbroad theories of fraud in Ciminelli v. U.S., early returns suggest that the message has at least partially landed with the lower courts, spotlighting lessons for defense counsel moving forward, says Kenneth Notter at MoloLamken.

  • A Framework For Investigating Commercial Loan Fraud

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    As commercial loan transactions are increasingly subject to sophisticated fraud schemes, lenders must adopt dynamic strategies to detect, investigate and mitigate these schemes, say attorneys at Baker Donelson.

  • Yellow Corp. Lease Assumption Shows Landlord Protections

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    Yellow Corp.’s recent filing of a motion to assume unexpired leases is a helpful reminder to practitioners to maintain a long-term approach about what is most beneficial for an estate and to not let a debtor's short-term cash position dictate business decisions, says Kyle Arendsen at Squire Patton.

  • How A Bumblebee Got Under Calif. Wildlife Regulator's Bonnet

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    A California bumblebee's listing as an endangered species could lead to a regulatory quagmire as California Department of Fish and Wildlife permits now routinely include survey requirements for the bee, but the regulator has yet to determine what the species needs for conservation, says David Smith at Manatt.

  • The Clock Is Ticking For Fla. Construction Defect Claims

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    Ahead of the fast-approaching July 1 deadline for filing construction defect claims in Florida, Sean Ravenel at Foran Glennon discusses how the state's new statute of repose has changed the timeline, and highlights several related issues that property owners should be aware of.

  • It's Time To Defuse The Ticking Time Bomb Of US Landfills

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    After recent fires at landfills in Alabama and California sent toxic fumes into surrounding communities, it is clear that existing penalties for landfill mismanagement are insufficient — so policymakers must enact major changes to the way we dispose of solid waste, says Vineet Dubey at Custodio & Dubey.

  • Ohio Tax Talk: The Legislative Push For Property Tax Relief

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    As Ohio legislators attempt to alleviate the increasing property tax burden, four recent bills that could significantly affect homeowners propose to eliminate replacement property tax levies, freeze property taxes for longtime homeowners, adjust homestead exemptions annually for inflation, and temporarily expand the homestead exemption, say Raghav Agnihotri and Rachael Chamberlain at Frost Brown.

  • Tips For Advising CRE Owners Affected By Houston Storms

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    As Houston residents begin the arduous process of recovery after this month's devastating storms, attorneys should guide commercial real estate owners and managers toward immediate action under their insurance coverage to facilitate restoration and a return to normalcy, says Justin Ratley at Munsch Hardt.

  • How Real Estate Cos. Can Protect Their IP In The Metaverse

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    The rise of virtual and augmented reality creates new intellectual property challenges and opportunities for real estate owners, but certain steps, including conducting a diligence investigation to develop an understanding of current obligations, can help companies mitigate IP issues in the metaverse, says George Pavlik at Levenfeld Pearlstein.

  • Ga. Law Creates Challenges For Foreign Ownership Of Land

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    Under Georgia's new law limiting certain foreign possessory interests in agricultural land and land near military properties, affected foreign persons and entities will need to do significantly more work in order to ensure that their ownership remains legal, say Nellie Sullivan and Lindsey Grubbs at Holland & Knight.